The Trump stock market rallies to more all time highs
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missyunderstanding
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The global economy will fall apart
Nations around the world are typically so far in debt that going default is going to happen. The USA is no exception. It is a game of musical chairs. The fools keep dancing around in circles but at some point the music will stop and they will discover there really are no chairs. The whole world has become addicted to living on borrowed money and printed money that has nothing behind it other than a promise of more printed money. This has happened in the past ever time this wild over spending concept picks up steam. Only this time the degree of the global debt load is so massive that it will soon bring down the whole house of cards.
The above comment is based on math not on emotion. It is true that it is an upsetting concept and some may feel that the best thing to do is pretend that money is magic and just pops into the world from magic money land. But driving ones head deep into the sand doesn't change what is coming.
Nations around the world are typically so far in debt that going default is going to happen. The USA is no exception. It is a game of musical chairs. The fools keep dancing around in circles but at some point the music will stop and they will discover there really are no chairs. The whole world has become addicted to living on borrowed money and printed money that has nothing behind it other than a promise of more printed money. This has happened in the past ever time this wild over spending concept picks up steam. Only this time the degree of the global debt load is so massive that it will soon bring down the whole house of cards.
The above comment is based on math not on emotion. It is true that it is an upsetting concept and some may feel that the best thing to do is pretend that money is magic and just pops into the world from magic money land. But driving ones head deep into the sand doesn't change what is coming.
Factually, actually.
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freakyguy41
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That's what happens when fascist republicans spend our childrens' and grandchildrens' money by grossly overspending the annual budget... they simply pile debt and interest payments on the young because too many pathetic older folks can't figure out the fascist republican strategy is a ruse to enrich the wealthy and continue to further enslave the middle class and poor.
However, U.S. economic history does also definitively prove that higher taxes on the wealthy coupled with progressively lower federal spending delivers an even better economic result for everyone and its reflected in the stock market as well. With the absolute evidence of reagan's trickle down economies twice ending in recession, bush I's trickle down ending in recession, bush II's trickle down ending in recession and near depression, and now trump's trickle down resulting in recession... one truly has to marvel at the fascist republican propaganda which has so totally duped and brainwashed their supporters into still believing the fascist republican narrative which legislates greater wealth to the wealthy and enslaves the middle class and poor. The fascist republican supporters actually vote for their own economic demise... each time trying to move the U.S. to become more of a fascist oligarchy like Argentina or North Korea... all the while they condescending ridicule the democratic opposition which has never moved away from capitalism and repeatedly proven to be the better economic approach for everyone.
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